In a will, you identify who will receive your assets and properties, addressing who will inherit them after your death. Your will names a personal representative (executor) who will carry out your directives. In addition to asset distribution, your executor makes…
Most older adults realize the importance of estate planning. Yet, nearly half of Americans age 55 or more are lacking a will, have no designated powers of attorney, and have not composed a living will, or health care directives. These…
To protect our loved ones and our assets, estate planning is important to any individual regardless of orientation. In the LGBTQIA+ community, estate planning can legally protect against discrimination even if others are reluctant to recognize your relationship and your…
The number of Americans with a will has only increased by 2.5% over the past year, according to a new survey by Caring.com. Overall, the percentage of those with a will continues to decline, 33 percent in 2021 versus 42…
When a person is deceased, the legal procedure for authenticating a will is called the probate process and it includes, reviewing their assets, paying their outstanding debts and taxes, and distributing what to their inheritors. After an asset-holder dies, the…
At the end of our lives, our last will and testament will lay out who shall receive our property, and which person (called the executor) will be in charge of settling our estate. For many reasons, beneficiaries can feel slighted…
A question we hear all the time is: “Can’t I just grab a will off the internet, do a transfer-on-death deed for my land, put my kids on my bank account, and be done with my estate plan?” It’s just…
When was the last time you took a look at your estate plan? You should check your estate planning documents every so often, to make sure they’re still good, especially with big life changes like births, marriages, divorces, and moving…